Public Information Notice: IMF Reviews Experience and Next Steps in the Fund's Transparency Policy

Transparency at the IMF
A Factsheet

The Fund's Transparency Policy--Review of the Experience and Next Steps

Prepared by the Policy Development and Review Department
(In consultation with the External Relations and other Departments)


May 24, 2002

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Table of Contents

Executive Summary

  1. Introduction

  2. Implementation of the Fund's Transparency Policy
    1. Key Developments
    2. The Impact of Transparency
          Transparency, private markets, and the public
          Transparency and candor
    3. Experience with Deletions and Corrections
          Deletions
          Corrections

  3. Next Steps
    1. Publication Policy for Article IV and UFR Staff Reports: Voluntary or Presumed?
    2. Proposed Modifications to the Policies on Corrections and Deletions
    3. Transparency of the Fund's Policies and Publication of Board Minutes
    4. Other Issues and Proposals
          Transparency and Article IV surveillance
          Transparency and use of Fund resources
          Publication of documents in languages other than English
          Coverage of the publication decision
          Resource costs

  4. Issues for Discussion

Text Table

  1. Country Documents Published Under the Transparency Decision—Key Indicator

Box

  1. Key Elements of the Fund's Publication Policy

Chart

  1. Change in Publication Rates of Country Documents

Appendices

  1. Publication Policies of the Fund—Decision
  2. Documents Authorized for Publication not Covered by the Transparency Decisions